Legal Dictionary
Main Entry:
lic·i·ta·tionPronunciation:
"li-s&-'tA-sh&nFunction:
nounEtymology: Latin
licitatio, from
licitari to bid a price, from
licere to be for sale
: the act of offering for sale or bidding at an auction;
specifically in the civil law of Louisiana : a mode of partitioning property held in common by sale at auction